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Growth through evolution

Local roots that have grown into a global Corporation

Our History

OCTA Group's growth is identified by strategic focus to continous innovation. By integrating the history, expertise and capabilities of CMS, CRIPPA and SMI, the Group has established itself as a global leader in the HVACR and industrial sectors. This success has been fueled by a relentless commitment to excelence and market leadership.

1948

Foundation of Crippa

1978

Foundation of SMI

1988

Foundation of CMS

2020

Astraco Capital Holding embarks on a new chapter with the acquisition of Crippa, marking the start of a new Group.

2021

Geographical expansion with two fully owned entities in USA, North America

2022

The acquisition of SMI opens a new chapter in the HVACR industry.

2023

The acquisition of CMS completes the Group's HVACR offer with a portfolio of fin lines for heat exchangers production

2023

The acquisition of KSE, which expands the company's know-how in Firmware, Software and Controls.

2023

A new Group joining the strengths of CMS, CRIPPA and SMI.

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Growth through evolution

Local roots that have grown into a global Corporation